08-04-25 - City Council Work Session Agenda

Home Search

the latest version of Roberts Rules of Order. Each Commissioner shall have one vote. A majority of the Commissioners present shall constitute a quorum at all TEC meetings. In the absence of a quorum, a scheduled meeting shall be opened, re -scheduled, and adjourned. SECTION VI FINANCING VLAWMO 6.1 Subdivision . Annual Ape. ating Budget. ,The annual VLAWMO budget, which includes both operational costs and capital improvement costs, shall be developed and approved as provided in this section. (a) Staff Prepares Draft. VLAWMO staff shall work with the Board shall gppropriate Member staff to prepare a preliminary draft long range budget, which shall include the proposed budget for the upcoming year and the proposed SSU rates. (b) Budget Subcommittee Recommendation. VLAWMO staff shall present the preliminary draft budget to the budget subcommittee. The budget subcommittee is responsible for reviewing and making a recommendation to the Board regarding the proposed budget and the SSU rates. (c) Budget Approval. The Board shall consider the annual budget as recommended by the budget subcommittee and act on it. A majority vote of Directors present and voting is required to approve the annual budget. The Board may modify the annual budget proposed by the budget subcommittee. This review and approval of the annual budget typically occurs at the June Board meeting, but can occur at a different meetingas s the Board may determine is appropriate. (d) SSU Rate Approval. The Board shall consider and act to approve the SSU rates. This review and approval typically occurs at the August Board meeting, but can occur at a different meeting as the Board may determine is appropriate. (e) SSU Charge Certification. The Board shall act by November Is' each year to certify the SSU charges to the County Auditors for collection on the upcomingg year's grope , taxes. (f) Budget Adjustments. Before December 31 St each year, the Board shall consider and make such adjustments to the annual budget as may be needed to allocate funds being carried over into the following ealeadar- year, The budget shall provide ftmds to operate NILAWN40 for- the next ea4endar- year, The proposed operating budget and the sotffees for- those funds shall by r-eeofnmendedm-y��ar. W Work Plan. Included with the annual activity report required by Minn. R., part 8410.0150 shall be a work plan specifying the activities planned to be undertaken and a summary of the budget for approval to Memaer- �.—current year. Page 604 of 617